Insider Buying: Sirius Real Estate (LON:SRE) Insider Purchases £90,000 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs purchased 100,000 shares of Sirius Real Estate stock in a transaction dated Thursday, September 24th. The shares were bought at an average price of GBX 90 per share, with a total value of £90,000.

Andrew Coombs also recently made the following trade(s):

• On Monday, August 17th, Andrew Coombs purchased 250,000 shares of Sirius Real Estate stock. The stock was purchased at an average price of GBX 96 per share, for a total transaction of £240,000.
• On Wednesday, August 12th, Andrew Coombs acquired 1,746 shares of Sirius Real Estate stock. The stock was purchased at an average cost of GBX 97 per share, with a total value of £1,693.62.
• On Wednesday, August 5th, Andrew Coombs sold 500,000 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 102, for a total value of £510,000.
• On Monday, August 3rd, Andrew Coombs acquired 33,000 shares of Sirius Real Estate stock. The shares were purchased at an average cost of GBX 100 per share, with a total value of £33,000.
• On Tuesday, August 4th, Andrew Coombs bought 1,670 shares of Sirius Real Estate stock. The shares were purchased at an average price of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Trading Up 0.2%

Shares of SRE stock opened at GBX 88.90 on Thursday. Sirius Real Estate Limited has a fifty-two week low of GBX 86.80 and a fifty-two week high of GBX 112.80. The stock has a market cap of £1.41 billion, a P/E ratio of 5.98 and a beta of 1.20. The business has a fifty day simple moving average of GBX 95.42 and a 200-day simple moving average of GBX 97.03. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 110 price objective on shares of Sirius Real Estate in a research note on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 123.80.

Sirius Real Estate Company Profile

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.